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Okta (OKTA) Competitors

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$87.16 -3.33 (-3.68%)
Closing price 04:00 PM Eastern
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$100.20 +13.04 (+14.96%)
As of 04:38 PM Eastern
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OKTA vs. SNOW, NET, DDOG, RBLX, HUBS, VEEV, TTD, WIT, EA, and BIDU

Should you be buying Okta stock or one of its competitors? The main competitors of Okta include Snowflake (SNOW), Cloudflare (NET), Datadog (DDOG), Roblox (RBLX), HubSpot (HUBS), Veeva Systems (VEEV), Trade Desk (TTD), Wipro (WIT), Electronic Arts (EA), and Baidu (BIDU). These companies are all part of the "computer software" industry.

Okta vs.

Snowflake (NYSE:SNOW) and Okta (NASDAQ:OKTA) are both large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, profitability, media sentiment, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

65.1% of Snowflake shares are owned by institutional investors. Comparatively, 86.6% of Okta shares are owned by institutional investors. 7.8% of Snowflake shares are owned by insiders. Comparatively, 7.0% of Okta shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Snowflake presently has a consensus target price of $202.92, indicating a potential upside of 14.00%. Okta has a consensus target price of $105.67, indicating a potential upside of 18.35%. Given Okta's higher probable upside, analysts clearly believe Okta is more favorable than Snowflake.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Snowflake
1 Sell rating(s)
8 Hold rating(s)
30 Buy rating(s)
1 Strong Buy rating(s)
2.78
Okta
1 Sell rating(s)
15 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.45

Snowflake has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500. Comparatively, Okta has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

In the previous week, Snowflake had 100 more articles in the media than Okta. MarketBeat recorded 126 mentions for Snowflake and 26 mentions for Okta. Okta's average media sentiment score of 0.82 beat Snowflake's score of 0.71 indicating that Okta is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Snowflake
55 Very Positive mention(s)
15 Positive mention(s)
30 Neutral mention(s)
1 Negative mention(s)
5 Very Negative mention(s)
Positive
Okta
12 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Okta has lower revenue, but higher earnings than Snowflake. Okta is trading at a lower price-to-earnings ratio than Snowflake, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Snowflake$3.63B16.20-$836.10M-$3.87-45.99
Okta$2.53B6.04-$355M-$0.35-255.10

Okta has a net margin of -1.54% compared to Snowflake's net margin of -33.02%. Okta's return on equity of 0.47% beat Snowflake's return on equity.

Company Net Margins Return on Equity Return on Assets
Snowflake-33.02% -24.23% -13.30%
Okta -1.54%0.47%0.32%

Okta received 307 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 58.36% of users gave Okta an outperform vote while only 51.57% of users gave Snowflake an outperform vote.

CompanyUnderperformOutperform
SnowflakeOutperform Votes
262
51.57%
Underperform Votes
246
48.43%
OktaOutperform Votes
569
58.36%
Underperform Votes
406
41.64%

Summary

Okta beats Snowflake on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OKTA vs. The Competition

MetricOktaPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$15.34B$23.98B$24.61B$8.50B
Dividend YieldN/A1.90%2.78%3.98%
P/E Ratio-255.81118.0645.0319.41
Price / Sales6.0419.512,496.81113.30
Price / CashN/A86.0634.6134.58
Price / Book2.548.956.404.35
Net Income-$355M$436.62M$735.92M$247.12M
7 Day Performance-1.76%-4.25%-3.30%-2.99%
1 Month Performance-4.24%-5.70%-3.15%-4.32%
1 Year Performance-17.70%10.52%9.06%5.03%

Okta Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OKTA
Okta
4.5588 of 5 stars
$87.23
-3.6%
$105.67
+21.1%
-16.6%$14.95B$2.53B-249.235,908Analyst Forecast
High Trading Volume
SNOW
Snowflake
4.3121 of 5 stars
$171.83
-3.4%
$193.43
+12.6%
-5.3%$56.69B$2.81B-50.667,004Analyst Upgrade
Analyst Revision
NET
Cloudflare
4.0105 of 5 stars
$148.88
-2.0%
$136.28
-8.5%
+45.6%$51.16B$1.67B-677.623,682
DDOG
Datadog
4.9628 of 5 stars
$117.32
-1.9%
$158.70
+35.3%
-10.5%$39.85B$2.68B230.015,200Short Interest ↓
Positive News
RBLX
Roblox
3.2022 of 5 stars
$61.40
-1.8%
$64.19
+4.5%
+53.8%$38.05B$3.60B-42.392,457Short Interest ↓
Positive News
HUBS
HubSpot
4.802 of 5 stars
$728.38
+0.3%
$863.96
+18.6%
+14.3%$37.99B$2.63B8,094.738,246Short Interest ↓
Positive News
VEEV
Veeva Systems
4.2423 of 5 stars
$227.28
+0.7%
$255.08
+12.2%
+1.0%$36.95B$2.66B56.197,172Upcoming Earnings
Positive News
TTD
Trade Desk
4.2416 of 5 stars
$74.14
+2.9%
$119.45
+61.1%
-16.2%$36.61B$2.44B95.093,115Short Interest ↑
WIT
Wipro
3.3001 of 5 stars
$3.43
-1.6%
N/A-47.2%$35.82B$887.93B23.62234,054Positive News
EA
Electronic Arts
4.5371 of 5 stars
$133.56
+2.0%
$154.55
+15.7%
-8.3%$34.81B$7.35B33.9813,700Analyst Forecast
Short Interest ↑
BIDU
Baidu
4.9712 of 5 stars
$88.07
-3.5%
$111.25
+26.3%
-16.9%$30.88B$18.24B9.6039,800

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This page (NASDAQ:OKTA) was last updated on 3/3/2025 by MarketBeat.com Staff
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